Plus, the return of the 20-year bond, sluggish business investment and America’s effect on Mexico’s economy.
“We really are only seeing the end of the beginning,” said Amanda Sloat from the Brookings Institution.
Mexico’s economy contracted by 0.1% in 2019, beset by trade-related troubles and policy uncertainty.
The Treasury Department last offered a 20-year bond in the 1980s. This spring, it’s betting that certain types of investors will want to include them in their portfolios.
Money spent on things like equipment, computers and office supplies accounts for about 13% of gross domestic product.